Allotment of 2,37,749 Equity shares of INR 10/- each at a price of INR 22/- per share comprising of premium of INR 12/- each per share, in accordance with the provisions of Chapter V of ....
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Orient Tradelink Ltd has allotted 2,37,749 equity shares of INR 10 face value at INR 22 per share (including a premium of INR 12) on a preferential basis to five non-promoter allottees, namely Ramudagar Kamat (70,000 shares), Vipin Panwar (45,454), Prakash ChSrivastava (47,295), Tejinder Singh (25,000), and Manmeet Singh (50,000). The total capital raised is approximately INR 52.30 lakhs. As a result, the company's paid-up equity share capital has increased from INR 35.95 crore (3,59,51,904 shares) to INR 36.19 crore (3,61,89,653 shares). Promoter shareholding remains unchanged at 0.25%, while the public shareholding stays at 99.75%.
This is a small preferential issue with minimal dilution (about 0.66% increase in total share count). The capital raised is modest (around INR 52 lakhs), so the impact on share price and shareholder value is likely limited. Promoter holding percentage remains unchanged since all allotments are to non-promoters.